The bitcoin course is growing, registered new ATH and there are many indications that this is not the end of growth. The bull market can also take longer this time.
The Bitcoin course broke through the level of USD 125,000 and registered a new record. There is currently a slight correction of this movement. The price dropped to just over USD 124,000.
Ether also increases and weapons USD 4500. Currently, it seems possible to fight for USD 4,600.
It is worth noting that the current cycle is different from the previous one, which is due to the fact that the dance floor has a different type of capital – institutional. We have seen the cyclical disturbance before BTC registered the new ATH before Halving (ETFs existed at the time, which brought a different type of capital to the market), which did not take place earlier during previous cycles. In addition, the Fed will probably cut the percentage feet this year, which can further drive increases.
Ryan Lee, the main analyst at Bitget, described for our editorial office what he thinks about the current situation:
The increase in Bitcoin above USD 125,000, powered by influx of USD 3.2 billion to the spotted ETFs, emphasizes the growing institutional belief and the maturing market narrative, which increasingly perceives BTC as a leading value storage in the face of global economic uncertainty. The scale of these inflows signals the expanding mainstream adoption and the renewed trust of investors, creating the “Risk-on” environment, which can also translate into altcoins.
We expect Bitcoin to maintain its upward trend in a short term, with a potential level of USD 130,000, if the dynamics of ETFs continue to grow.
Ethereum also has a chance to reflect in the direction of USD 4,800-5000, supported by Bitcoin’s force and the growing expectations related to the upcoming updates of the second layer.
This bull market emphasizes the resistance of the sector and the accelerating integration of cryptocurrencies with traditional investment portfolios. As the institution’s participation is deepened, and technological innovations progress, diversified positioning in the main assets remains the key to using the long -term growth of the entire ecosystem.
